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Is your firefighter pension enough for a comfortable retirement?
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How much is a firefighter pension?
The amount a firefighter receives in pension benefits depends on factors such as years of service, salary history, and the state’s pension formula.
Firefighter: .02 X $43,450 X 30 years = $26,070Police Officer: .02 X $51,560 X 30 years = $30,936You can find your state’s pension formula on the National Conference of State Legislatures website.
How can I calculate or estimate my firefighter pension?
To estimate your exact pension amount, check your state’s retirement system website or use a firefighter pension calculator.